Company / Capital Expenditures
MGE Energy, Inc. Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$343.2M
FY2025
5-year range
$153.2M / $343.2M
FY2021-FY2025
Trend
+44.9%
vs FY2024
Sector context
#47 of 60
Utilities
What the data says
MGE Energy, Inc.'s capital expenditures of $343M is lower than 78% of companies in the Utilities sector (FY2025). Capital Expenditures has increased for 4 consecutive years, from $153M in FY2021 to $343M in FY2025.
Based on SEC 10-K filings.
$343M in FY2025 with a 5-year CAGR of +11.1%.
Improved from $222M to $343M over the past 2 years.
Utilities sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +25.2%
- 5-Year CAGR
- +11.1%
- 10-Year CAGR
- -
Sector benchmark
Bottom 22% in UtilitiesTop 78% of 60This company $343.2M Sector average $3.1B
▼
-89.1% below sector average
Key checks
Key Insights
- MGE Energy, Inc.'s capital expenditures has grown for 4 consecutive years.
- 5-year CAGR of +11.1%, indicating consistent growth.
- In FY2025, capital expenditures increased 44.9% year-over-year.
- Ranks #47 out of 60 companies in the Utilities sector.
Company context
Key Data Points
- Altman Z-Score 0.45 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $343.2M | +44.9% |
| FY2024 | $236.9M | +6.7% |
| FY2023 | $222.1M | +26.9% |
| FY2022 | $175.0M | +14.3% |
| FY2021 | $153.2M | -24.6% |
| FY2020 | $203.1M | +23.8% |
| FY2019 | $164.0M | -22.7% |
| FY2018 | $212.2M | +96.2% |
| FY2017 | $108.1M | +29.3% |
| FY2016 | $83.7M | +16.1% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026